60

Wecome Intelligent Manufacturing Co. Ltd.

603070 · SHG · Industrials / Electrical Equipment & Parts

10.18CNY-0.22 (-2.12%)

Price History

Full chart

Market Stats

Previous Close10.40
Open10.40
Day Range10.17 – 10.57
52-Week Range9.90 – 18.62
Volume1.52M
Market Cap4.53B
P/E (TTM)188.33
Forward P/E0.00
EPS0.06
Dividend Yield0.71%
Beta0.94
50-Day Avg11.53
200-Day Avg13.81

About

Wecome Intelligent Manufacturing Co., Ltd. engages in the research, development, manufacturing, and sale of power distribution switch control equipment in China and internationally. The company provides high and low voltage electrical cabinets and components, IE/IT cabinets, outdoor high-voltage ring main units, vacuum circuit breakers, prefabricated substations, and other products. It also offers armored withdrawable AC metal -enclosed, low-voltage, and gas -insulated switchgear cabinets; gas and air insulated ring main units; and outdoor high-voltage ring network boxes, as well as after-sales services. In addition, the company provides electrical, gas-filled, network, and industrial cabinet series, as well as component series. Wecome Intelligent Manufacturing Co., Ltd. was founded in 2016 and is headquartered in Yueqing, China.

Company Details

  • SectorIndustrials
  • IndustryElectrical Equipment & Parts
  • CEOMr. Xiaodong Wei
  • Employees3.08K
  • HeadquartersWankong Intelligent Manufacturing Building, Yueqing, China, 325603, China
  • Websitehttps://www.wecome.com.cn

Leadership

  • Mr. Xiaodong WeiChairman & GM · b. 1968
  • Ms. Jiemei HuDeputy GM & CFO · b. 1976
  • Mr. Daoyi LinDeputy GM & Director · b. 1973
  • Mr. Linsen MuDeputy General Manager · b. 1992
  • Mr. Zhen Zong ZhangDeputy GM & Director · b. 1984
  • Mr. Jianfeng ZhengDeputy GM & Secretary of the Board of Directors · b. 1979
  • Yuanjuan ZhengAccounting Supervisor

Financials

Income Statement

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.60B1.69B2.16B2.22B2.29B2.03B1.89B
Growth (%)-+5.51%+27.87%+2.86%+3.17%-11.56%-6.93%
Cost of Revenue1.04B1.13B1.61B1.64B1.72B1.58B1.50B
Gross Profit559.03M561.08M547.37M585.86M569.43M445.67M388.38M
Gross Margin34.91%33.21%25.34%26.37%24.84%21.98%20.58%
Operating Expense323.57M324.54M306.36M329.91M352.11M347.00M293.94M
Operating Income235.46M236.54M241.01M255.95M217.32M98.68M94.44M
Operating Margin14.70%14.00%11.16%11.52%9.48%4.87%5.01%
EBITDA266.65M283.15M283.35M315.65M284.39M185.09M182.54M
EBITDA Margin16.65%16.76%13.12%14.21%12.41%9.13%9.67%
Net Income164.51M177.34M190.02M205.12M174.75M96.04M89.16M
Net Income Margin10.27%10.50%8.80%9.23%7.62%4.74%4.73%
R&D75.70M71.25M82.39M86.47M84.14M74.65M69.06M
R&D as % of Total Revenue4.73%4.22%3.81%3.89%3.67%3.68%3.66%
Interest Expense23.33M20.08M17.01M18.08M16.21M5.54M2.80M
Interest Expense % of Total Revenue1.46%1.19%0.79%0.81%0.71%0.27%0.15%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.76B1.94B2.25B2.94B3.34B3.01B3.15B
Total Liabilities725.92M831.96M949.03M984.54M1.24B880.93M958.41M
Total Equity943.07M1.11B1.30B1.95B2.09B2.13B2.18B
Cash303.30M356.05M255.96M747.60M1.04B790.13M661.38M
Net Debt75.62M39.06M130.47M----

Cash Flow

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow190.00M207.29M42.28M164.24M357.73M311.70M352.15M
Capital Expenditure44.71M63.79M111.26M141.76M152.96M113.90M53.04M
Free Cash Flow145.30M143.49M-68.98M22.48M204.76M197.80M299.11M
Dividends Paid21.70M19.03M18.38M77.43M45.29M63.19M32.08M
FCF to OCF76.47%69.23%-163.16%13.69%57.24%63.46%84.94%
Dividend Paid to FCF14.93%13.26%-26.65%344.47%22.12%31.95%10.73%

Earnings

Report DateMar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023
EPS Estimate------
EPS Actual0.050.120.150.190.070.14
Surprise------
Timing------

Key Statistics & Ratios

Market Cap4.53B
Enterprise Value3.96B
Trailing P/E188.33
Forward P/E0.00
Price / Sales2.56
Price / Book2.15
EPS0.06
Book Value5.31
Revenue (TTM)1.77B
Gross Profit (TTM)316.56M
EBITDA107.00M
Profit Margin1.47%
Operating Margin-3.01%
Return on Equity1.09%
Return on Assets0.23%
Shares Outstanding401.00M
Shares Float80.67M
Beta0.94
Dividend Yield0.71%
Dividend Rate0.08
Payout Ratio133.33%

Dividends

20261×
0.08Jun 4, 2026
20251×
0.08Jun 5, 2025
20241×
0.15Jun 6, 2024
20231×
0.08May 31, 2023
20221×
0.15Jun 21, 2022